Jason Delshad

When shopping a lease, it is different than shopping to buy a car. There are a lot more factors in play. Agreed upon price of the vehicle (this is where you always start before even talking about if you'll lease or buy), residual value (which will be provided by the dealer and depends on length or lease and miles you plan on leasing it for), financing fee (APR....this is where your credit comes in to play). A good lease is when you have a low cap cost (vehicle price - rebates - down payment + dealer fees) and a high residual.

So if you didn't negotiate a good price on the vehicle and your credit drove up that APR, then your deal may not be as sweet as others.

 

I'd have to see the actual numbers to make an opinion.

 

I was lucky to get my '15 Sport with Z-Plan. And my credit is good.

Thanks, I'm loving my Sport.

The adjusted cap cost is $43,395 and the residual value is $27,331

Despite 2 days of bargaining I feel that I'm paying to much for the lease. The MSRP was $47,450. It's a 36 month/10,500 miles per year lease: $1,000 out of pocket (includes first month payment), $510 per month, tax included. What are your thoughts?

Also, my credit isn't the best so I'm very lucky to have gotten approved.